HP Q4 In Line With Pre-Announcement; Repeats Guidance

Hewlett-Packard (HPQ) this afternoon reported results for its fiscal fourth quarter ended October 31 that were just as advertised in their pre-announcement last week.

As forecast, the company posted revenue of $33.6 billion in the quarter, with profits of $1.03 a share. The company said revenue ex-EDS grew 5%, or 2% adjusted for currency. Not exactly a huge growth story, and some sectors shrank. Notebook revenue grew 21%, but desktop revenue declined 2%. Revenue for the printer group fell 1%, as commercial hardware revenue...